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Self-Storage Facility

Storage Place - Cranston

1725 Pontiac Ave, Cranston, RI 02920

Listing Price: $5,000,000

Number of Units
352
Occupancy
14.8%
Rentable SF
32,876
Price/Rentable SF
$152.09
Year Built
2024

Investment Overview

Marcus & Millichap is pleased to present for sale Storage Place - Cranston located in Cranston, Rhode Island.

Investment Highlights

  • Newly Built Providence, Rhode Island Self-Storage Facility
  • Located in the Affluent Suburb of Cranston
  • 32,876 Net Rentable Square Feet
  • 286 Climate-Controlled Units | 28 Non-Climate-Controlled Units | 18 Lockers | 10 Parking Spaces | 10 Other Units
  • Opened Larger Climate-Controlled Building in July 2024
  • Opened Smaller Drive-Up Buildings in September 2024
  • Realistic Below Market Lease-Up Rents

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s) RI: REB.0019374

    Rhode Island

Financing By

Self-Storage Facility

Storage Place - Cranston

Listing Price: $5,000,000

Number of Units
352
Occupancy
14.8%
Rentable SF
32,876
Price/Rentable SF
$152.09
Year Built
2024

Investment Highlights

  • Newly Built Providence, Rhode Island Self-Storage Facility
  • Located in the Affluent Suburb of Cranston
  • 32,876 Net Rentable Square Feet
  • 286 Climate-Controlled Units | 28 Non-Climate-Controlled Units | 18 Lockers | 10 Parking Spaces | 10 Other Units
  • Opened Larger Climate-Controlled Building in July 2024
  • Opened Smaller Drive-Up Buildings in September 2024
  • Realistic Below Market Lease-Up Rents

Investment Overview

Marcus & Millichap is pleased to present for sale Storage Place - Cranston located in Cranston, Rhode Island.

Exclusively Listed By

Broker of Record

  • Thomas Shihadeh

    Vice President/Regional Manager

    (617) 896-7220

    License(s): RI: REB.0019374

    Rhode Island

Financing By

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